INDEPENDENT BANK

GRAND RAPIDS, MI · Supervised by FDIC

Est. 1890FDIC #27,811RSSD: FDIC-27811

Part ofINDEPENDENT BANK CORP→ View all charters

Satisfactory Same

Current rating · Exam: September 2005

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Consumer Complaints (12 mo)

None on record

0 per $B assets · filed with CFPB

Financial Health

Adequate

ROA 1.27%

Institution Profile

FDIC BankFind

Website

www.independentbank.com

Address

4200 E Beltline Ave Ne, GRAND RAPIDS, MI

County

Kent County

Established

January 1, 1890

Total Assets

$5.6B(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

September 1, 2005

Exam Type

Large Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 20 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$5.6B

Total Deposits

$4.9B

Net Loans

$4.3B

Net Income

$18M

ROA

1.27%

ROE

14.21%

Risk-Based Capital

12.68%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Community banks

Compared to the peer-bank Community peer group (same asset tier).

Complaints / $B0.00Peer avg: 0.00▲ Above avg

Unlock peer list → See which specific banks are in this peer group.

Branch Footprint

FDIC SOD 2025

Total Branches

Branch Deposits

$4.7B

1-Year Change

5-year net change: -9 branches

Consumer Complaints

CFPB · through Dec 2023

Last 12 Months

All Time

Monetary Relief

16.7%

Untimely Response

Most common complaint type: Checking or savings account· 0 per $B assets (12m)

Rating History

CRA / FFIEC

Rating Trend

→ Stable

Based on last 2 exams

1 previous rating locked — dating back to 2002

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Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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